Forex Trading Information

Forex Trading Information FOREX — the foreign exchange (currency or forex, or FX) market is the and the most liquid financial market with the daily volume of more than $3.2 trillion. Trading on this market involves buying and selling world currencies taking the profit from the exchange rates difference. Forex trading can yield high profits, but it is also very risky. Everyone can participate in Forex trading via the Forex brokers. Don’t forget to check and bookmark my Forex blog to get the latest updates about Forex market and this site’s content. You can also join a friendly Forex traders community at my Forex Forum. Latest Forex E-books The Day Trade Forex System Using The Heikin-Ashi Technique All About the Foreign Exchange Market in... Latest Forex Articles Durable Goods and the Forex Market The ISM Manufacturing Index and the... The Forex Market and the Employment... Latest Forex Brokers BroCo FXCH HMS Markets Latest Expert Advisors Otkat MACD Sample myRandom Latest Forex News Euro at 3-Week Low vs. Dollar on Low Inflation Tue, 06 Jan 2009 12:20 The European single currency bottomed near the 3-week low against the U.S. dollar and significantly fell against the Japanese yen and the British pound today as the investors expect further rate cuts from the European Central Bank. Canadian Dollar Rises as Oil Shows Strength Mon, 05 Jan 2009 17:58 The Canadian dollar rose against the 3 other major currencies today, completely reversing the daily trend, as the oil and commodity markets become more attractive after the holidays. Dollar Declines on Oil Shortage Expectations Tue, 30 Dec 2008 07:45 The U.S. dollar began today’s trading session with a rather strong decline against the euro, after posting a significant gain yesterday, as the investors expect the oil prices to surge on the Middle East conflict. Dollar Falls on Fears That Recession Deepens Mon, 29 Dec 2008 09:06 The U.S. dollar declined today against the other major currencies and especially against the euro as the traders expect weak macroeconomic reports to continue coming out from the United States, showing that the world’s biggest economy is in the worst situation of all the developed countries. Latest Glossary Entries Standard Lot — 100,000 units of the base currency of the currency pair, which you are buying or selling. Swap — overnight payment for holding your position. Since you are not physically receiving the currency you buy, your broker should pay you the interest rate difference between the two currencies of the pair. It can be negative or positive. Leading Indicators — a composite index (year 1992 = 100%) of ten most important macroeconomic indicators that predicts future (6-9 months) economic activity.